Description from HiBid
Indonesia Palembang 1 Pitis Pirate Money Copper
Indonesia Palembang 1 Pitis Pirate Money ICG Genuine Copper Coin
This historical specimen is a copper 1 Pitis from the Palembang Sultanate in Indonesia, famously known as Pirate Money due to its circulation in the bustling maritime trade routes of the East Indies. The coin features a central hole, which historically allowed these pieces to be strung together for easy transport by merchants and sailors. This specific item is professionally encapsulated and graded as Genuine by ICG, housed in a special themed slab that features unique skull and treasure map graphics, adding significant character and collector appeal. As a copper issue from the era of the Sultanate, this piece serves as a tangible link to the regional history of Palembang and the golden age of seafaring commerce in Southeast Asia.
Indonesia Palembang 1 Pitis Pirate Money Copper ICG Genuine
Condition: This item is encapsulated by ICG and graded as Genuine, meaning it has been verified for its origin despite any surface wear or environmental aging common to this era of coinage. The piece exhibits a dark, aged patina consistent with historical copper alloys used in maritime regions. It features a central hole and shows significant circulation wear, which is typical for small-denomination currency of the Palembang Sultanate. The mint is the Palembang Sultanate on the island of Sumatra, Indonesia. The metal content is copper or a copper alloy. Historically, these pitis were used throughout the 18th and early 19th centuries and are often associated with the regional trade networks and "pirate money" lore of the East Indies. The strike type is cast, which was the traditional manufacturing method for this style of coinage in Southeast Asia. This specimen is identified by ICG under serial number 24356301153.
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1 Pitis, Indonesia Palembang, Pirate Money, ICG Graded Coin, Ancient Coins, Numismatics, Rare Currency, Sultanate of Palembang, Indonesian History, Collectible Coins
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